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Indication for yearly check: Take yearly check between January 1 and April 30 every year. The operation qualification shall be lost if not check on time. Report the yearly check materials before March 15. Otherwise the enterprise shall undertake delay penalty.

Jinqi, No. 0000000

Enterprise Name: Guangyang Decoration Work Co., Ltd in the Development Area, Tianjin

Residence: Room 205 of Liantong Office Building, 3 Xiaoyuan, No. 1 Street, Development Area, Tianjin

Legal Representative: ***

Registered Capital: RMB Three Million and Eight Hundred Thousand yuan

Type of Enterprise: Company of limited liability

Scope of Business: Design for outdoor decoration work; home decoration; wholesale and retail of building and decoration materials, articles of artistic industry, general merchandise, hardware, electrical articles, chemical engineering goods (exclude inflammables, explosives, intoxicating goods and other dangerous goods), electrical appliances installation. If there is special rules for special items, execute in accordance with the rules; for those involve the above-said approval, it shall follow the valid period of the approval.

Term of Business: From June 26, 1996 to June 26, 2005

企业法人营业执照

（副本）

Business License

For Enterprise’s Legal Person

(Duplicate copy)

Registration No.: 00000000000

Enterprise Name: Guangyang Decoration Work Co., Ltd in the Development Area, Tianjin

Residence: Room 205 of Liantong Office Building, 3 Xiaoyuan, No. 1 Street, Development Area, Tianjin

Legal Representative: ***

Registered Capital: RMB Three Million and Eight Hundred Thousand yuan

Type of Enterprise: Company of limited liability

Term of Business: From June 26, 1996 to June 26, 2005

Date of Establishment: June 26, 1996

Jinqi, No. 0000000

Explanation

1. Business License for Enterprise’s Legal Person is the certificate for enterprise to obtain legal person qualification and legal operation.

2. Business License for Enterprise’s Legal Person has an original copy and a duplicate copy. Both of the two copies have the same legal forces. The original copy of business license shall place in an eye-catching position in the address of enterprise’s legal person. The enterprise’s legal person could apply many duplicate copies to the registration office according to need.

3. The business license shall not be fabricated, altered, leased, lent or transferred. Any bodies other than the registration office shall not detain, take over or cancel the license.

4. The enterprise’s legal person shall conduct its business operation within the approved business scope.

5. The enterprise’s legal person shall apply an alternation registration to the original registration office for a change of the registered items.

6. The registration office shall conduct yearly check on the enterprise’s legal person between January 1 and April 30 every year.

7. Return the original and duplicate copies of business license when canceling the registration. The business license shall become invalid automatically if withdrew by the registration office.